Hi all,
I am in Mumbai, India. On certain range of products I have to apply two taxes, Service tax and above that VAT. It has to be calculated as shown in example below:
Product Price = 10,000
+ 10.36% Service Tax = 11,036
+ 4% VAT = 11,477.44
Can anyone help me how to get this.
Thx in advance.
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1 Dec 2009, 03:43 PM #1
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How to add Service Tax Plus VAT to items...?
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29 Mar 2010, 12:56 PM #2
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Re: How to add Service Tax Plus VAT to items...?
Hi all,
Does anyone know how to achieve this?
I have to add two different taxes as shown below; I have been hunting for this for quite some time now... but in vain; Please anyone!
Product Price (PP) = 10,000
Plus 10.36% Service tax (ST) on PP = 1,036
Plus 4% VAT (VAT) on PP = 400
Gross = PP + ST + VAT = 11,436
PLEASE PLEASE PLEASE HELP; ANYONE!
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